2914 Watertown AveLake StationIN46405
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lake Station at 2914 Watertown Ave, Lake Station, IN, 46405 priced at $229,000 pairs $2,092/mo rent with $667/mo cash flow after a $1,121/mo payment. Total monthly income equals $2,092/mo, and annual cash flow comes to $8,002/yr on $75,914 invested. Return on cash invested is 30.45% in year one, and rental yield stands at 10.96% on a $229,000 basis. Equity gained on principal adds $1,478/yr, and 5% annual appreciation accumulates to $63,268 by year five. Five-year ROI measures 159.41% and total cumulative return in cash reaches $121,013. For financing, Ziffy Mortgage’s DSCR program evaluates $2,092/mo property income against a $1,121/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
0.32 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gustavo Lopez • G & R Realty, Inc.
Mls Name: NIRA
Mls Provider:
Mls ID: #820483
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.